Binghamton, NY Housing Market

Binghamton, NY's median home value is $198K, up 10.0% over the past year. Homes here sell in a median 45 days. Its PropertyIQ Score of 94 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

PropertyIQ tracks the Binghamton, NY housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this NY market is set to perform against its state benchmark.

The Mid-Atlantic corridor benefits from proximity to major financial centers and government institutions. Housing markets in this region balance urban density with suburban expansion, creating varied opportunities from walkable city neighborhoods to rapidly growing exurbs. Within the Mid-Atlantic, Binghamton, NY's PropertyIQ Score of 94 ranks among the Mid-Atlantic's stronger demand signals.

New York's housing landscape spans from the nation's most expensive urban neighborhoods to affordable upstate markets with university-driven stability. The post-pandemic remote work shift has redistributed demand across the state.

For the Binghamton, NY market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets.

Use PropertyIQ's interactive analytics to compare Binghamton, NY against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.